Olectra Greentech Limited — Q4FY26 Earnings Call Summary

OLECTRA · Q4FY26 · Filed 05 Jun 2026

Key Takeaways

• New bus platform launch planned Q4 FY27; truck platform development ongoing with pilot of 100 trucks
• Capex INR 400 Cr in FY26; similar amount planned over next two years for platform expansion
• FY26 revenue grew 28% y-y to INR 2,312 Cr; EBITDA INR 352 Cr (+27% y-y), margin ~15%; PAT INR 179 Cr (+29%)
• Management expects EBITDA margin to stabilize between 12-15% with volume growth
• EV bus deliveries rose 32% y-y to 1,280 units; FY27 delivery target ~2,500 vehicles with quarter-on-quarter ramp-up
• Insulator business exports ~45-50% of revenue; FY27 revenue growth target 50%
• Order book ~10,000 buses, mix ~55% 9m and 45% 12m buses; deliveries ongoing to MSRTC, BEST
• Platforms support megawatt charging and battery swapping; battery-agnostic modular architecture
• Private bus segment engagement ongoing; financing challenges for private operators being addressed
• No penalties reported on deliveries; subsidy benefits accrue to bus operators, not manufacturer

📄 Source: View original transcript (PDF)

Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.